Terry Smith’s Mastercard MA Stock Holding History

Terry Smith’s Portfolio MA Stock Details MA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$639M	Buy	+1,245,051	New	+$621M	4.69%	6
2025 Q3	–	Sell	-27,663	Closed	-$15.5M	–	38
2025 Q2	$15.5M	Sell	27,663 -21,791	-44%	-$12.1M	0.07%	39
2025 Q1	$27.1M	Sell	49,454 -14,579	-23%	-$7.94M	0.12%	38
2024 Q4	$33.7M	Sell	64,033 -957	-1%	-$495K	0.14%	38
2024 Q3	$32.1M	Buy	64,990 +710	+1%	+$330K	0.13%	39
2024 Q2	$28.4M	Sell	64,280 -169	-0.3%	-$77K	0.12%	39
2024 Q1	$31M	Buy	64,449 +772	+1%	+$353K	0.12%	39
2023 Q4	$27.2M	Buy	63,677 +919	+1%	+$369K	0.11%	40
2023 Q3	$24.8M	Buy	62,758 +424	+0.7%	+$170K	0.11%	37
2023 Q2	$24.5M	Buy	62,334 +20,670	+50%	+$7.76M	0.1%	39
2023 Q1	$15.1M	Buy	+41,664	New	+$15.1M	0.07%	39

Other funds holding MA

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Mastercard Foundation Asset Management (MFAM) Toronto, Ontario, Canada $32.1B AUM 8.22% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Terry Smith's MA Position: Q2 2026 in Review

Terry Smith opened a new position in Mastercard (MA) in Q2 2026: 1,245,051 shares worth $639M. The stake represents 4.69% of the portfolio and ranks #6 among its holdings. This is a return to the name: Terry Smith previously reported a position in MA as recently as Q2 2025.

Terry Smith first reported a position in MA in Q1 2023 and has held it in 11 quarters since. 3,595 funds tracked by Wall St. Rank hold MA as of Q2 2026.

Terry Smith held 1,245,051 shares of Mastercard worth $639M as of Q2 2026.
Mastercard was a new Terry Smith position in Q2 2026.
Mastercard made up 4.69% of Terry Smith's portfolio in Q2 2026, its #6 holding.
Terry Smith first reported a position in Mastercard in Q1 2023 and has held it in 11 quarters since.
3,595 funds tracked by Wall St. Rank held Mastercard as of Q2 2026.

Based on Fundsmith LLP's 13F filing for Q2 2026, filed 14 Aug 2026.